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Oil Price
Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink
IMF slashes global GDP growth forecasts for this year, to 3.2%.
Pumped Storage
Poland’s 820MWH Pumped Storage Project to Boost Energy Security
Polish utility PGE has announced its plan to build an 820MWh hybrid energy storage system at Żarnowiec pumped-storage plant.
Energy Storage Project
Vena Energy’s Hybrid Solar, Battery Project in Australia Hits Financial Close
Renewable energy firm Vena Energy has reached a financial close for its hybrid solar and battery energy storage system (BESS) project in South Australia, which …
The Future Is Bright for Artificial Intelligence in the Middle East
Several nations are embracing AI to diversify and bolster their economies.
Brillouin Energy Demonstrates High-Tech Boiler That Can Pave the Way to a Clean Energy Future
Brillouin Energy Corp will demonstrate publicly at ICCF24 a revolutionary new high-tech boiler system that can help the world transition from fossil fuel energy…
United Kingdom
Centrica Slams Octopus’ Proposals for Protecting Consumer Credit Balances
Independent review conducted on behalf of British Gas found that a compulsory co-insurance model would not protect credit balances
Energy Storage Project
Portuguese Utility EDP Adding Battery Storage to Floating Solar-Hydropower Hybrid Plant
Portuguese utility EDP is to add energy storage to a hybrid floating solar and hydropower project after it was energised earlier this month.
Electric Car
India’s Top Carmaker Hopes Govt Will Support ‘Green’ Tech Beyond EVs
India's top-selling carmaker, Maruti Suzuki, believes the government will show support for "green" car technology beyond full electric vehicles (EVs), such as h…
Market and Security Benefits of a Decarbonised Energy System – Study
Britain could provide greater energy security to businesses and families, expand its ability to deliver home-grown renewable energy and insulate its economy f…
Energy Transition
Blockchain Peer-To-Peer Energy Exchange Launches in UK
More than 3,000 British homes have signed up for a peer-to-peer scheme to receive 100% traceable renewable energies.
India
Firetrace Expands Into Chinese and Indian Markets
Firetrace International, a provider of fire suppression technology, has opened facilities in India and China, bringing its fire safety support to these rapidly …
Electric Car
New Hyundai “Rolling Labs” EVs Include Hydrogen-Battery Hybrid
Hyundai has unveiled two new “rolling lab” models, one with a e-GMP based powertrain and the other a hydrogen-powered “hybrid” based on Hyundai’s N 2025 Vi…
Rolls-Royce Takes Steps Towards Hydrogen in Four-Point Green Aviation Push
British jet engine manufacturer unveils plans for ground testing at Farnborough Airshow
United Kingdom
Britain Becomes Net Power Exporter as EU Gas Prices Continue to Soar
Britain became a net exporter of electricity for the first time in the second quarter of this year, while gas prices across Europe continue to rise due to confl…
Renault and Vitesco Look into Electric and Hybrid Powertrains
Renault Group has announced a partnership with Vitesco Technologies
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